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Toward a cognitive science of markets: economic agents as sense-makers
Economics: Journal Articles, 2019 Behavioral economics aspires to replace the agents of neoclassical economics with living, breathing human beings. Here, the author argues that behavioral economics, like its neoclassical counterpart, often neglects the role of active sense-making that ...
Johnson Samuel G.B.
doaj +1 more source
Behavioral economics: Reunifying psychology and economics [PDF]
Proceedings of the National Academy of Sciences, 1999 “Behavioral economics” improves the realism of the psychological assumptions underlying economic theory, promising to reunify psychology and economics in the process. Reunification should lead to better predictions about economic behavior and better policy prescriptions.
openaire +5 more sources
Non-Welfarist Optimal Taxation and Behavioral Public Economics [PDF]
Research in behavioral economics has uncovered the widespread phenomenon of people making decisions against their own good intentions. In these situations, the government might want to intervene, indeed individuals might want the government to intervene,
Jukka Pirttilä +2 more
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Applied Economic Perspectives and Policy, EarlyView.ABSTRACT Amidst dwindling state funding and the legislative withdrawal from public university research support, a heightened political process shapes the allocation of scarce tax dollars. This article explores how advocacy within the political process influences funding support for higher education from state legislatures.
Gregory M. Perry +2 more
wiley +1 more source
Behavioral economics and the ‘new’ paternalism1
Russian Journal of Economics, 2015 The paper provides a critical appraisal of the normative program of behavioral economics known as ‘new paternalism’. First, it explores the theoretical foundations of behavioral economics, describes major behavioral anomalies associated with bounded ...
Rostislav Kapeliushnikov
doaj +1 more source
The conduct of monetary policy in Uganda: an assessment [PDF]
Money supply, Liquidity, Cash flows, Demand and Price Analysis, Financial Economics, Institutional and Behavioral Economics, International Relations/Trade, Public Economics,
Christopher, Adam
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Applied Economic Perspectives and Policy, EarlyView.ABSTRACT Perennial bioenergy crops, such as miscanthus and switchgrass, and crop residues have the potential to scale up sustainable aviation fuel (SAF) production and mitigate carbon emissions. However, high establishment costs, delayed returns, and risk–return profiles that diverge from those of conventional crops can hinder incentives to adopt ...
Fahd Majeed, Madhu Khanna, Ruiqing Miao
wiley +1 more source
Testing Behavioral Public Economics Theories in the Laboratory [PDF]
"Behavioral economics", or the application of methods and evidence from other social sciences to economics, has increased greatly in significance in the last two decades.
James Alm
core
Dollars for Drops: Abatement Cost of Water for Irrigation in the Colorado River Basin
Applied Economic Perspectives and Policy, EarlyView.ABSTRACT The Colorado River is a lifeline for more than 40 million people in the western United States. However, with climate change diminishing snowpacks in the Rocky Mountains and increasing demands from agriculture and urban areas, the river's flow has become insufficient to meet all the competing needs.
Shahin Bahrami +2 more
wiley +1 more source
The Financial Status and Local Credit Market Conditions of U.S. Farms Engaged in Multiple Borrowing
Applied Economic Perspectives and Policy, EarlyView.ABSTRACT Agricultural producers often borrow from multiple lenders, raising concerns about credit risk and monitoring. We construct detailed farm‐level measures of how debt is distributed across lenders and examine how farm financial status and the physical presence of local lenders are linked to this practice.
Sylvanus Gaku +3 more
wiley +1 more source